MRX vs. JOET

Last updated Jul 17, 2026

MRX (Marex Group PLC) is a stock, while JOET (Virtus Terranova U.S. Quality Momentum ETF) is Momentum fund tracking the Terranova U.S. Quality Momentum Index. At a 0.05 correlation, their price movements are largely independent.

Performance

MRX vs. JOET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Marex Group PLC (MRX) and Virtus Terranova U.S. Quality Momentum ETF (JOET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MRX

• 1D: -2.34%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JOET

• 1D: -0.31%
• 1M: -0.37%
• 6M: 5.15%
• YTD: 7.83%
• 1Y: 12.06%
• 3Y*: 16.61%
• 5Y*: 10.13%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MRX vs. JOET - Yearly Performance Comparison

	2026 (YTD)
MRX Marex Group PLC	4.27%
JOET Virtus Terranova U.S. Quality Momentum ETF	-2.15%

Correlation

The correlation between MRX and JOET is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2026	0.05

Return for Risk

MRX vs. JOET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MRX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

JOET

JOET Risk / Return Rank: 30
JOET Sharpe Ratio Rank: 29
JOET Sortino Ratio Rank: 28
JOET Omega Ratio Rank: 27
JOET Calmar Ratio Rank: 28
JOET Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MRX vs. JOET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Marex Group PLC (MRX) and Virtus Terranova U.S. Quality Momentum ETF (JOET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MRX	JOET	Difference
Sharpe ratio: Return per unit of total volatility	—	0.87	—
Sortino ratio: Return per unit of downside risk	—	1.31	—
Omega ratio: Gain probability vs. loss probability	—	1.16	—
Calmar ratio: Return relative to maximum drawdown	—	1.16	—
Martin ratio: Return relative to average drawdown	—	4.43	—

Drawdowns

MRX vs. JOET - Drawdown Comparison

The maximum MRX drawdown since its inception was -9.59%, smaller than the maximum JOET drawdown of -26.58%. Use the drawdown chart below to compare losses from any high point for MRX and JOET.

Drawdown Indicators

	MRX	JOET	Difference
Max Drawdown Largest peak-to-trough decline	-9.59%	-26.58%	+16.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.42%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.58%	—
Current Drawdown Current decline from peak	-9.59%	-2.15%	-7.44%
Average Drawdown Average peak-to-trough decline	-3.81%	-7.05%	+3.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.73%	—

Volatility

Volatility by Period

	MRX	JOET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	66.46%	13.98%	+52.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.46%	17.82%	+48.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.46%	17.49%	+48.97%

Dividends

MRX vs. JOET - Dividend Comparison

MRX has not paid dividends to shareholders, while JOET's dividend yield for the trailing twelve months is around 0.61%.

Position	TTM	2025	2024	2023	2022	2021	2020
JOET Virtus Terranova U.S. Quality Momentum ETF	0.61%	0.65%	0.71%	1.32%	1.25%	0.42%	0.08%
MRX Marex Group PLC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MRX and JOET in my portfolio?

MRX and JOET have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.